Mr. H. Vance White reports

NOBLE MINERAL TO DRILL THOMAS CARBONATITE NEAR TIMMINS, ONTARIO WITH HELP OF ONTARIO JUNIOR EXPLORATION PROGRAM

Noble Mineral Exploration Inc. has signed a drill contract for drilling on the Thomas rare earth property near Timmins, Ont.

Thomas carbonatite/rare earth project

Research by the staff of Noble identified a magnetic feature in Thomas township that resembles a classic carbonatite, magnetic signature. Carbonatites are a special group of carbonate-rich igneous rocks and the world's primary source of rare earth elements (REEs), niobium, zirconium and phosphate oxide. In most cases, carbonatites are intrusive or subvolcanic, forming cone sheets, volcanic necks, dikes, sills, breccias and veins. Because carbonate minerals weather so easily, outcropping of carbonatitic rock is rare and the Thomas carbonatite is no exception.

The magnetic signature of a carbonatite usually resembles a doughnut-shaped body with a magnetic high surrounding an extreme magnetic low. The magnetic low is caused by the carbonate-rich section of the intrusion and may be the carrier of rare earth elements, niobium, zirconium, and phosphate oxide .

To the best of the company's knowledge, the magnetic structure has never been drilled and does not outcrop on surface.

In 2023, a magnetometer and VLF-EM (very-low-frequency/electromagnetic) survey was completed by Noble to identify the exact position of the magnetic low and the depth of the overburden in order to prepare for the present drilling. Phase 2 will consist of drilling into the magnetic low to confirm the existence of a carbonatite and test for economic mineralization.

Noble has been awarded an Ontario junior exploration program grant by the Ontario government. The grant provides a 50-per-cent rebate on exploration programs of up to $200,000 on a $400,000 exploration program in Ontario.

Vance White, president and chief executive officer of Noble, said: "We are pleased to start up a drill program on this exciting untested project in light of the geopolitical interest in finding new sources of rare earth elements. We also appreciate the assistance Ontario's OJEP."

Wayne Holmstead, PGeo (No. 2509), a qualified person as such term is defined by National Instrument 43-101, has verified the data disclosed in this news release and has otherwise reviewed and approved the technical information in this news release on behalf of Noble.

About Noble Mineral Exploration Inc.

Noble Mineral Exploration is a Canadian-based junior exploration company, which has holdings of securities in Canada Nickel Company Inc., Homeland Nickel Inc. and East Timmins Nickel Inc. (20 per cent) and its interest in the Holdsworth gold exploration property in the area of Wawa, Ont.

Noble holds mineral and/or exploration rights in approximately 70,000 hectares in Northern Ontario and approximately 24,000 hectares elsewhere in Quebec, upon which it plans to generate option/joint venture exploration programs.

Noble holds mineral rights and/or exploration rights in approximately 18,000 hectares in the Timmins-Cochrane areas of Northern Ontario known as Project 81, approximately 2,215 hectares in Thomas township/Timmins as well as an additional 20-per-cent interest in approximately 38,700 hectares in the Timmins area held by East Timmins Nickel. Project 81 hosts diversified drill-ready gold, nickel-cobalt and base metal exploration targets at various stages of exploration. Noble also holds approximately 4,600 hectares in the Nagagami carbonatite complex and its approximately 3,200 hectares in the Boulder project, both near Hearst, Ont.; approximately 3,700 hectares in the Buckingham graphite property; approximately 10,152 hectares in the Havre St. Pierre nickel/copper/platinum group metal property; approximately 1,573 hectares in the Cere-Villebon nickel/copper/PGM property; the approximately 569-hectare Chateau uranium/rare earth property; the approximately 461-hectare Taser North uranium/molybdenum property; the approximately 4,465-hectares Mehmet rare earth element property; and the approximately 3,300-hectare Gull Lake REE property, all of which are in the province of Quebec, and the approximately 647-hectare Chapiteau REE property in Labrador.

Noble's common shares trade on the TSX Venture Exchange under the symbol NOB.

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